The cost of mortgage payments have surged by 283% since 2021 for landlords using interest-only, highlighting the dramatic effects of rising interest rates, Octane Capital research shows.
London has seen the strongest rental growth over the last year according to an analysis by lettings agency Hamptons.
Is 2024 time to buy as house prices stabilise? The latest data says… maybe?
Savills is warning that despite strong income growth, rising rents are stretching the finances of those in the private rental sector.
Home buyers are securing an average of £18,000 off their next home in order to confirm a sale due to higher mortgage rates hitting demand, and more homes for supply boosting choice and negotiating power, Zoopla’s latest House Price Index has revealed.
Investors are buying second homes in the North East and North West at an increased rate compared to the rest of England - signalling buy-to-let landlords targeting those regions in search of better yields.
Latest data from The Deposit Protection Service suggests rents have risen faster than inflation over the past year.
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